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the fiscal cliff. currently no plans for congressional leaders to meet with the president at the white house. if no deal is reaped by year's end everyone's taxes will go up and massive cuts will take place, affecting defense and social spending. >>> when we came in this morning, just mist and drizzle. >> i hardly had to use my wipers. that is changing for a lot of folks. >> it is. right now as you look at our roof cam, nice batch of light to moderate rain falling now over the embarcadero. not so heavy we can see the ferry building and the bay bridge enough that it is causing ponding on the embarcadero this morning that's what most of us are going to run into especially east bay highway 4 connects to 680 south of vine hill coming into concord pleasanton down to walnut creek latest update light to moderate rain especially overconcord and pleasant hill highway 4 bay point, pittsburg, antioch highway 4 commute which is usually treacherous any way is going to be wet. heavy rain starting towards san rafael,
the fiscal cliff. currently no plans for congressional leaders to meet with the president at the white house. if no deal is reaped by year's end everyone's taxes will go up and massive cuts will take place, affecting defense and social spending. >>> when we came in this morning, just mist and drizzle. >> i hardly had to use my wipers. that is changing for a lot of folks. >> it is. right now as you look at our roof cam, nice batch of light to moderate rain falling now over...
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while a fiscal cliff debate seems to consume the domestic airwaves it also reverberated around the global echo chamber providing the baseline for headlines like this that we found a day in the english edition of the chinese government news source no deal in sight on the u.s. fiscal cliff to the international edition of the german paper der spiegel budget disarray us set to restage greek tragedy now it may not represent the same type of threat but it is reminiscent of the debt ceiling debate in the summer of two thousand and eleven after which the u.s. of course lost its aaa credit rating from s. and p. for the first time in history now the ratings agency then said washington's deal on the debt ceiling didn't go far enough to address america's deteriorating finances nonetheless the u.s. has continued to enjoy its exorbitant privilege despite the downgrade despite the debt that the that the government has been racking up that exorbitant privilege of course is the issue issuing the global reserve currency the u.s. dollar and despite the downgrade and more fed money printing the dollar has he
while a fiscal cliff debate seems to consume the domestic airwaves it also reverberated around the global echo chamber providing the baseline for headlines like this that we found a day in the english edition of the chinese government news source no deal in sight on the u.s. fiscal cliff to the international edition of the german paper der spiegel budget disarray us set to restage greek tragedy now it may not represent the same type of threat but it is reminiscent of the debt ceiling debate in...
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. >> reporter: both sides have proposals on the table to steer clear of the "fiscal cliff." but so far, neither republicans nor democrats appear ready to blink when it comes to tax rates for wealthy americans. danielle nottingham, cbs news, washington. >>> stanford is apparently the place to be if you are looking to launch a startup company. the first-ever university entrepreneurialship report raking the palo alto school number one. the rankings track companies founded by students. stanford on top followed by har record is, uc-berkeley did stanford, harvard, uc-berkeley. >>> the stanford hospital and clinics has been named one of the best in the nation for the fourth year in a row. the leapfrog group measures patient safety, quality of care and efficiency. the top hospitals are chosen from more than 1200 nationwide. >>> in today's healthwatch, we have heard it's good but now a new study questions the health benefits of an ingredient that's found in red wine. resveratrol was thought to prevent diabetes, heart disease and cancer. but researchers in st. louis said it didn't hel
. >> reporter: both sides have proposals on the table to steer clear of the "fiscal cliff." but so far, neither republicans nor democrats appear ready to blink when it comes to tax rates for wealthy americans. danielle nottingham, cbs news, washington. >>> stanford is apparently the place to be if you are looking to launch a startup company. the first-ever university entrepreneurialship report raking the palo alto school number one. the rankings track companies founded...
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we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> reporter: but a different countdown weighs on the minds of these lawmakers, the countdown to the fiscal cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> reporter
we begin with negotiations to avert the so-called fiscal cliff both republicans and white house hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could...
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tea party favorite jim says giving into democrats to avoid the fiscal cliff is a temporary solution he's not willing to support. >> republicans should not be conceding the federal government needs more money. >> reporter: we will be hearing from democrats shortly. minority leader nancy pelosi is holding a news conference. we'll have that for you during our next update. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> a los angeles area fire house is under fire for letting an exdeny letting an exercise company shoot a racy video inside its station. the video by hoopnautic.com shows a scantily dressed woman dancing around. the station was also in trouble last year for allowing some fire trucks to be used in a porn movie. >> san francisco police are using a new tool to help solve crime. the public can help use it to send in tips. coming up what police plan to do each week to close some unsolved cases. >>> 6:17. we have wet roads this morning. tara you are watching everything incolluding 101 in san francisco. >> we do have a lot to talk about at hospital curve. it's
tea party favorite jim says giving into democrats to avoid the fiscal cliff is a temporary solution he's not willing to support. >> republicans should not be conceding the federal government needs more money. >> reporter: we will be hearing from democrats shortly. minority leader nancy pelosi is holding a news conference. we'll have that for you during our next update. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> a los angeles area fire house...
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closer to the "fiscal cliff" and they are far apart on the field. >> it's a pitchfork battle very contentious. >> a dogfight over a proposed dogfight in oakland. >> i can't believe people would prioritize the needs of their pets over the needs of oakland's children and families. >> from across the bay to around the world, the stories that matter on "eyewitness news this morning." >> he just knows how to play! captions by: caption colorado comments@captioncolorado.com >>> good morning. it's wednesday, december 5. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it is 6:31. guess what, the rain is back and the doppler is lit up this morning. >> yes, it is. it's making for a wet wednesday commute for all of those people trying to get to work this morning, lawrence. >> yeah. looks like some very heavy rainfall showing up in parts of the bay area right now. this is from berkeley shot a little bit earlier this morning. the rain really coming down there. but we're seeing more rain all around the bay area. high-def doppler radar showing you very strong band of moisture making its way along
closer to the "fiscal cliff" and they are far apart on the field. >> it's a pitchfork battle very contentious. >> a dogfight over a proposed dogfight in oakland. >> i can't believe people would prioritize the needs of their pets over the needs of oakland's children and families. >> from across the bay to around the world, the stories that matter on "eyewitness news this morning." >> he just knows how to play! captions by: caption colorado...
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>> and helping us identify who this suspect is. >> we're one day closer to the "fiscal cliff" and both sides are still far apart on a deal. >> i call it a pitchfork battle. it's very contentious. >> and a dogfight over proposed dog park in oakland. >> i can't believe that people would prioritize the needs of their pets over the needs of oakland's children and families. >> from across the bay to around the world, the stories that matter on "eyewitness news this morning." >> he just knows how to play. >>> good morning, it's wednesday, december 5. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. nearly 5:30 now on your wednesday. >>> drivers have got a wet commute this morning. let's get a quick look at the weather with lawrence. >> yeah, guys. getting stormy outside right now. in fact, a good batch of moisture just about to push onshore. our high-def doppler radar is showing you that rainfall. it will be picking up. some places already seeing moderate to heavy rainfall. but look at the yellow and orange. that batch is just about to make its way in along the peninsula. we'll tal
>> and helping us identify who this suspect is. >> we're one day closer to the "fiscal cliff" and both sides are still far apart on a deal. >> i call it a pitchfork battle. it's very contentious. >> and a dogfight over proposed dog park in oakland. >> i can't believe that people would prioritize the needs of their pets over the needs of oakland's children and families. >> from across the bay to around the world, the stories that matter on...
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cliff in washington. here is a look at how the end of the day the dow was off about 13 points nearly 14 as a matter of fact. 12,00951 was closing number just shy of the 13th of march. the nasdaq drive dropped 5 1/2 point. >> and other business news nestle has reached a multi- year agreement to show disney movies as sedation finish their runs in theaters. net flicks outbid hbo, showtime and stars. the deal will lighallow net flicks to stream movies in 2016. the financial terms of the deal have not been released. >> federal antitrust regulators have given the green light for disney to acquire lucas films for $4 billion. the deal for disney to buy lucas' films and the star wars franchise was announced back in october. lucas' films founder george lucas will get half of the purchase price in cash and stock. he says he will donate most of the money to charity. >> ya hoo has purchased another silicon valley startup. on the air which is based in severs his goal is now a part of diablo. the company enables users t
cliff in washington. here is a look at how the end of the day the dow was off about 13 points nearly 14 as a matter of fact. 12,00951 was closing number just shy of the 13th of march. the nasdaq drive dropped 5 1/2 point. >> and other business news nestle has reached a multi- year agreement to show disney movies as sedation finish their runs in theaters. net flicks outbid hbo, showtime and stars. the deal will lighallow net flicks to stream movies in 2016. the financial terms of the deal...
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a plan to avoid the fiscal cliff. these are live pictures of the president at the business round table. he will be speaking later today to a group of native-american tribal leaders, more than 500 of them are concerned about how deep spending cuts made to avoid the fiscal cliff would affect native-american issues. and you may remember yesterday, the president met with a group of six governors on this issue. this has become the primary focus on washington. alison burns is in our d.c. newsroom with more on this. >> reporter: that's right, tori. president obama is trying to convince these business leaders that he has a plan to avoid the fiscal cliff and get the economy back on track. but he says it's going to take some sacrifice. here's a look at the president shaking hands with business leaders about 15 minutes ago and he's calli for tax increases on the wealthiest americans and an extension of tax rates for the middle school. talks have fallen apart in recent days. but the president insists he's working with republicans
a plan to avoid the fiscal cliff. these are live pictures of the president at the business round table. he will be speaking later today to a group of native-american tribal leaders, more than 500 of them are concerned about how deep spending cuts made to avoid the fiscal cliff would affect native-american issues. and you may remember yesterday, the president met with a group of six governors on this issue. this has become the primary focus on washington. alison burns is in our d.c. newsroom...
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on our taxes and that fast-approaching fiscal cliff. president obama has rejected the latest republican offer. he's taking a very hard line in the talks. >>> there's growing outage here in new york city over a front-page photo from "the new york post" yesterday. this man has just fallen down on the tracks. is just seconds away from a subway train hitting and killing him. many people upset why the photographer was taking the picture and not helping the man. this morning, he's talking out, justifying why he took the photo. and why so many other folks were running away. there's nobody there trying to help him off the tracks. >> he says he was trying to help. we're going to get into that. >>> also, you guys over there took advantage of the spring weather yesterday. >> yes, we did. we needed a walk. but more importantly, we needed to see our old pal, robin. we got to walk through the riverside park, as the sun was setting on a beautiful day in manhattan. it's always the case. she's always the -- >> she looks fantastic. >> she is the best med
on our taxes and that fast-approaching fiscal cliff. president obama has rejected the latest republican offer. he's taking a very hard line in the talks. >>> there's growing outage here in new york city over a front-page photo from "the new york post" yesterday. this man has just fallen down on the tracks. is just seconds away from a subway train hitting and killing him. many people upset why the photographer was taking the picture and not helping the man. this morning, he's...